leslie watters mcm

Lee Ann Watters


Principal, Government Services Team Leader


Lee Ann joined MCM in 2001. She focuses her practice on governmental and not-for-profit entities. She has more than 30 years of experience serving federal, state, and local government agencies. Lee Ann has extensive knowledge of applicable accounting and audit standards, including the administrative and auditing requirements of Uniform Guidance. She has worked with the affordable housing market for six years providing services to public housing agencies, multi-family housing projects and community action agencies. She has extensive experience assisting governmental clients implement complex accounting standards. Lee Ann is a frequent author and presenter for Thomson Reuters on Uniform Guidance and governmental accounting and auditing topics.

Education and Certifications
  • Georgetown College – Bachelor of Science, Accounting
  • Certified Public Accountant (CPA)
  • Certified Fraud Examiner
  • Certified Governmental Financial Manager (CGFM)
Professional and Community Associations
  • Member, American Institute of Certified Public Accountants (AICPA)
  • Member, Chair – Governmental Committee, Kentucky Society of Certified Public Accountants (KyCPA)
  • Member, three‐time past President of the Central Kentucky Chapter, Former Education Director, Chapter Historian, Association of Government Accountants
  • Chair, Frankfort Area Chamber of Commerce
Lecturer and Author
  • Accounting for Governmental Assets and Liabilities
  • Governmental Special Purpose Reporting
  • Internal Control over Governmental Financial Reporting
  • Specialized Accounting of Governmental Entities
  • Trends in Governmental Accounting
  • Yellow Book and Single Audit Deficiencies
  • GASB Pension Standards Overview